What's even more exciting is that there's a Vagrant provider for DigitalOcean! I tried it yesterday and it seems to actually work: https://github.com/smdahlen/vagrant-digitalocean

Basically you put your DO api key in your Vagrant file, and then running "vagrant up --provider=digital_ocean" spins up a new ubuntu VM and runs your chef/puppet provisioner code on them. It's awesome!

It uses rsync to mirror your vagrant project directory to /vagrant, which is a actually better workflow for some use cases (eg hosting) than virtualbox shared folders.